The European Union has posted the “delegated regulation” regarding European Securities Crowdfunding Provider Regulation (ECSPR). The document supplements previous documents as the EU works towards all platforms operating under the new rules.
In November 2020, the EU approved new regulation for investment crowdfunding allowing issuers to raise up to €5 million across all member states. Platforms providing the service needed to receive regulatory approval in a member state by a “relevant authority. While some countries have moved quickly to accommodate EU rules, some fell behind, and the initial deadline for compliance of November 2022 has been pushed back until November 2023.
The technical standards are available here.